Planning for the Future: Wills vs. Trusts
Planning for the future isn’t just about finances—it’s also about peace of mind. LegalZoom offers both wills and trusts to help you control how your assets are handled. But which one should you choose in 2025? Here’s a step-by-step comparison to help you decide.
Understanding Wills
A will allows you to:
- Name beneficiaries
- Assign guardians for minors
- Outline estate final wishes
However, it must go through probate court after your death, which can delay the distribution of assets.
Cost and Creation
LegalZoom’s online will-making tool costs $89 for a basic will or $179 if you opt for attorney assistance. The process is user-friendly, and once completed, documents are instantly downloadable.
Exploring Trusts
On the other hand, a trust can escape probate entirely, offering several advantages such as:
- Faster asset transfer
- Enhanced privacy
- Potential tax benefits
Cost and Components
LegalZoom’s trust package costs $279 and includes a revocable living trust, a pour-over will, and durable power of attorney forms. This option is ideal if you own property, have a larger estate, or want to avoid probate delays.
When to Choose a Will
A will is best suited for those whose estate is simple, with modest assets, and who primarily wish to:
- Name guardians for minors
- Divide personal belongings
While quicker and cheaper to set up, remember that wills still require probate, which can delay distribution.
When to Choose a Trust
Consider a trust if you:
- Own real estate
- Have multiple beneficiaries
- Want to avoid court involvement
Trusts also provide greater privacy because they are not typically made public.
Navigating the LegalZoom Process
LegalZoom’s platform simplifies the process for non-lawyers with guided steps and support for both wills and trusts. You also have the option to add attorney support for an extra fee, which can be particularly helpful for complex estates involving blended families, business ownership, or special needs planning. While not mandatory, this added support can provide peace of mind.
Making Your Choice
In 2025, LegalZoom provides robust tools for both wills and trusts. Your choice will hinge on your life stage and the complexity of your estate. If simplicity and affordability are your priorities, a will may be the best option. Conversely, opt for a trust if privacy, speed, and control over your assets are more important.
If you found this guide helpful, please give it a thumbs up, and thanks for reading!
